KUALA LUMPUR: Khazanah Nasional Bhd (Khazanah) divesting its 32.21 per cent stake in Pos Malaysia Bhd (Pos Malaysia) to DRB-HICOM Bhd (DRB-HICOM) will be able to bring Pos Malaysia to the next level of growth.

KUCHING: Bank Negara Malaysia (BNM) is expected to raise the statutory reserve ratio (SRR) of banks again by another one percentage point to three per cent in its next policy meeting on May 5. Although an increase in the SRR... more »

KOTA KINABALU: Port Klang is undergoing rapid growth and is expected to become one of the most important and busiest container ports globally, achieving at least a 10th place ranking in the near future, said Deputy Transport Minister Datuk Abdul... more »

NEW DELHI: Driven by productivity enhancement and infrastructure development, India is expected to outpace Asian dragon China and become the fastest growing economy in the next four years, ICICI Bank said in a report. “India is expected to grow at... more »

KUCHING: Beverage and construction group CI Holdings Bhd (CI Holdings) announced that it was going to add a new carbonated PET line costing between RM20 million and RM25 million which would be operational by mid-2012. According to RHB Research Institute... more »

KUALA LUMPUR: Nestle (Malaysia) Bhd (Nestle) is investing RM115 million in its new plant to be built adjacent to its existing factory in Chembong, Negeri Sembilan, to extend its production line in Malaysia. Managing director Peter R Vogt said the... more »